PREI® hires Lee Menifee to lead Americas Investment Research

May 06, 2014 12:59 PM Eastern Daylight Time

MADISON, N.J.--(BUSINESS WIRE)--Prudential Real Estate Investors has named Lee Menifee a managing
director and head of Americas investment research, the company announced
today. PREI®, among the world’s largest real estate investment
management and advisory businesses, is a business of Prudential
Financial, Inc. (NYSE:PRU).

Menifee, whose appointment is effective immediately, will lead PREI’s
research efforts in the U.S. and Latin America and will join the U.S.
and Latin American investment committees. He is based in PREI’s global
headquarters in Madison and reports to Peter Hayes, global head of
investment research.

“Lee brings tremendous depth of knowledge and insight into trends
driving the real estate landscape in the Americas as we continue to
build a global research capability that delivers innovative,
market-leading intelligence to our investment teams and clients,” Hayes
said.

Before joining Prudential, Menifee led research for American Realty
Advisors, where he supported portfolio, asset management, acquisitions
and marketing. Earlier, he was the managing editor of global real estate
strategy for BCA Research, where he was responsible for product
development. He also spent 14 years in various research roles within
CBRE Investors, including senior director of global strategy.

Menifee earned a bachelor’s degree in environmental studies and planning
from the University of California Santa Barbara and a master’s degree in
urban planning from the University of Southern California.

PREI is a leader in the global real estate investment management
business, offering a broad range of investment vehicles that invest in
private and public market opportunities in the United States, Europe,
the Middle East, Asia, Australia and Latin America. Headquartered in
Madison, N.J., the company also has offices in Atlanta, Chicago, Miami,
New York, San Francisco, Frankfurt, Lisbon, London, Luxembourg, Munich,
Paris, Abu Dhabi, Mexico City, Sao Paulo, Hong Kong, Seoul, Singapore,
Sydney and Tokyo. In addition, the company has representatives in Milan.
PREI had gross assets under management of USD $55.7 billion ($41.0
billion net), as of December 31, 2013. For more information, visit http://www.prei.com.

Prudential Financial, Inc. (NYSE:PRU), a financial services leader with
more than $1.1 trillion of assets under management as of December 31,
2013, has operations in the United States, Asia, Europe, and Latin
America. Prudential’s diverse and talented employees are committed to
helping individual and institutional customers grow and protect their
wealth through a variety of products and services, including life
insurance, annuities, retirement-related services, mutual funds and
investment management. In the U.S., Prudential’s iconic Rock symbol has
stood for strength, stability, expertise and innovation for more than a
century. For more information, please visit www.news.prudential.com.